Multiple Choice
An income tax is defined as regressive if
A) the tax liability of those with higher incomes exceeds the tax liability of those with low incomes.
B) the tax liability of those with higher incomes is less than the tax liability of those with low incomes.
C) those with higher incomes pay a higher percentage of their incomes in taxes than those with low incomes.
D) those with higher incomes pay a lower percentage of their incomes in taxes than those with low incomes.
Correct Answer:

Verified
Correct Answer:
Verified
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